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China's Machine Tool Industry Has Shown A Steady Development Trend
- Oct 16, 2017 -

In the second half of 2016, China's machine tool industry began to stabilize the development trend. As of July 2017, cutting machine tools and forming machine tool production reached 42.40 million units, 1830,000 units, respectively, over the same period last year increased by 5.2%, 3.4%.


China's machine tool production and sales since 2009 once in the global accounted for 30%, ranking first in the world. But the field of high-end CNC machine tools behind the world's advanced national level, still facing the host large and not strong, high-end CNC system and the development of key functional components lag, lack of technical services and other issues.

Machine downstream demand mainly in the automotive, traditional machinery, electronics and defense industry field. As of July 2017, the automobile industry completed the investment amount of 716.24 billion yuan, an increase of 8.8%, to maintain a relatively high growth. The investment in general machinery manufacturing, special equipment manufacturing, electrical machinery and equipment manufacturing and transportation equipment manufacturing in the traditional machinery industry increased by 1%, 4%, 9.3% and 9.1% respectively over the same period of last year. In the warmer. TMT manufacturing industry to complete the investment amount of 686.8 billion yuan, representing an increase of 27.2% over the same period last year, the highest growth rate in 6 years. In addition, woodworking furniture, jewelry, 3C (mobile phone shell, mobile phone screen) industry demand for machine tools is also growing.


Machine tool industry inventory update upgrade, the market space is vast. First, the decline in demand for low-end products, and high-end product demand to enhance the industry to upgrade Daobi; Second, update the demand for upgrading: the current international manufacturing industry machine tool industry, CNC rate of 60% or more, China's machine tool industry CNC The rate is still expected to further improve; Third, the technological innovation to promote the replacement of CNC machine tools: China is the largest CNC machine tool industry, the output of 6586 patents, accounting for about 60% of the total application. With the deepening of the industry 4.0, CNC machine technology into a new round of the update cycle.